Wells Fargo: Strong Q1 Earnings Will Lead To Further Outperformance [Seeking Alpha]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
Check Earnings Report
US:NYSE Investor Relations:
wellsfargo.com/about/investor-relations
Company Research
Source: Seeking Alpha
Q1 results were favorable, and particularly so in comparison to some other large American banks. The bank's risk management and loan book positioning, along with potential cost savings and regulatory relief, support my bullish outlook. The firm has excess capital and is buying back stock aggressively, which adds to the potential upside. Looking for a helping hand in the market? Members of Ian's Insider Corner get exclusive ideas and guidance to navigate any climate. Learn More » Over the past quarter, Wells Fargo NYSE: WFC ) has dramatically outperformed the other too-big-to-fail American banks, with shares rallying more than 20%. And over the past year, Wells Fargo shares have posted a nearly 50% total return as compared to a 28% increase in the Financial Select Sector ETF XLF I believe my prior analysis is playing out for WFC stock. The bank has relatively favorable positioning for the current interest rate and economic environment and has structured its loan book in a wa
Show less
Read more
Impact Snapshot
Event Time:
WFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WFC alerts
High impacting Wells Fargo & Company news events
Weekly update
A roundup of the hottest topics
WFC
News
- Transcript of Trump Manhattan Trial, April 26, 2024 [The New York Times]The New York Times
- Wells Fargo & Company (NYSE: WFC) had its price target raised by analysts at JPMorgan Chase & Co. from $59.00 to $61.50. They now have a "neutral" rating on the stock.MarketBeat
- Federal Reserve keeps interest rates at current levels as inflation holds its grip [MSNBC.com]MSNBC.com
- Federal Reserve not expected to budge on interest rates yet as inflation holds its grip [Yahoo! Finance]Yahoo! Finance
- Federal Reserve not expected to budge on interest rates yet as inflation holds its grip [MSNBC.com]MSNBC.com
WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- WFC's page on the SEC website